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Safe Ways To Make Some Extra Cash In 2022

With the current economic landscape looking uncertain and many individuals living with job uncertainty and other issues, it’s more important now than it ever was before that you are careful with your money.

Posted: 21st December 2021 by
Finance Monthly
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That means working to build your savings and ensuring that you make the most of your time and money.While some wealthy households have saved money during the pandemic, other individuals with uncertain work or who have been on furlough might have depleted their savings.

You might be looking to save more money in the future to give you a financial cushion in case of an emergency, or you might simply want to be able to treat yourself again. Whatever your situation, if you’re looking to save money and make some extra cash in 2022, then you need to make sure that you stay safe. 

Many ‘get rich quick’ strategies advertised online turn out to be fraudulent, with a large proportion of them turning out to be pyramid schemesTo help you earn extra money and stay safe in 2022, here are some practical tips for money-savvy individuals. 

Be Careful What You Click On

When you’re searching for money-making schemes online, you might find that many of the links look suspicious, and the websites appear poorly maintained. That’s because some cybercriminals prey on people who are looking to make extra income by making websites and links that can launch viruses onto their computers. These viruses can then encrypt their data and hold it for ransom, or they can simply steal your financial information and then take money from your bank accounts and more. 

To avoid this issue, you should make sure that you have anti-virus software installed on your computer and other internet-connected devices, such as your smartphone and tablet computer. Your anti-virus software will usually protect you from infected links by blocking you from clicking on them. You should also be vigilant when you’re opening digital communications and be wary of unsolicited proposals for money-making schemes so that you reduce your chances of encountering a virus.  

Use Refer And Earn Schemes From Trusted Brands

Many businesses offer easy ways to make extra money, but you should only consider ones from trusted brands. You should also check the terms and conditions to ensure that you won’t be in for any nasty surprises or will only earn credit, not actual cash. 

Companies such as Lebara offer clear and easy refer and earn programmes that allow you to earn real money simply by inviting your friends and family members to get a SIM-only plan. If you sign up for the Lebara refer a friend programme, you can get real cash for every person you get to use this innovative mobile network. By only using trusted businesses such as this one and checking the terms, you can ensure that you don’t waste your time and get the most money for your effort. 

Check How Much You Have To Spend

Some money-making schemes, even from respected brands, can involve you spending money first. For example, you might be able to get money off your purchases, but only if you spend a specific amount of money. You might also have to pay a specific amount before you can access specific tools to help you earn extra cash. If you’re freelancing and using a platform, you might have to pay to use it and respond to potential employers. As such, you need to make sure that you understand exactly how much you’re paying before you start using a new tool or platform. If you’re concerned that the cost is too high, then look elsewhere for a more cost-effective solution. 

Make Your Own Products To Sell

As well as using schemes from trusted brands, you can also consider creating homemade products to sell. This approach is a safe way to earn money and ensure that you don’t get caught up in a pyramid scheme or land yourself with a load of tacky merchandise that you can’t get rid of. When making your own products, you should consider talking to your friends and family. They can help you to find out what they would like you to make and would buy. After all, unless your idea really takes off, you’ll probably be earning primarily from friends and connections and growing your sales through word of mouth. So, you should talk to your network of loved ones and find products that might tempt them. 

Choose Trusted Online Marketplaces

For anyone who is making their own products to sell or who wants to earn money from second-hand items, you’ll need a platform to sell on. If you’re only selling to friends and family, then you could also consider allowing them to collect items from your home or passing them on via other friends. For strangers, you will need a more formal arrangement. While you could consider an in-person market stall, online e-commerce platforms can save you time, effort and, most importantly, money. 

However, you need to make sure that you’re careful when using online marketplaces. Choose reputable online selling platforms that allow you to control your sales, such as Facebook Marketplace, Amazon or eBay. When you’ve found an online marketplace, you need to make sure that you’re careful when trading online. Make sure you receive confirmation of payment before you send out the item, and make sure that you package it correctly to reduce the chances of damage in transit. 

Do Your Research And Stay Up To Date On Changes

Once you’ve found a money-making strategy, you should do your research and get first-hand insight into how safe each approach is and if it’s worth your time. Check out online reviews of money-making schemes and strategies and read social media posts on them to see what people who’ve already tried them have to say. While you don’t have to take all of these reviews at face value, you should use them to inform your approach. It would help if you also tried to stay up to date on new scams to ensure that you’re always one step ahead of criminals looking to exploit hardworking individuals like yourself. Following financial news blogs or listening to podcasts about cybercrime can help you to learn about and avoid potential new scams

Know What To Do In Case You Encounter A Scam

Following these tips will help you to avoid the most obvious online schemes that are designed to take your hard-earned money while promising to multiply it. However, criminals can be incredibly smart, and they are always adapting their approaches. If you do get caught out, it’s important that you work to get your money back as soon as possible. That means learning what to do if you’re the victim of online fraud. If you don’t report the issue promptly and proactively protect your computer from further infiltration, then you could face further problems moving forward. So, you need to be proactive and make sure that you deal with the situation as calmly as possible. 

Earning extra money is a great way to make yourself feel more financially secure, and it will allow you to treat yourself to the things and experiences you’ve always wanted. By using these tips, you can ensure that you don’t get scammed while trying to earn extra cash. 

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